The story
Founded by Aliko Dangote in 1992.1
It was formerly known as Obajana Cement Plc, and changed its name to Dangote Cement Plc in July 2010. Obajana Cement Plc was incorporated in 1992. Dangote Cement Plc is a subsidiary of Dangote Group and is the largest company traded on the Nigerian Stock Exchange.
Dangote Cement listed on the Nigerian Stock Exchange in October 2010, and as at August 2014 accounts for 20% of the total market capitalization of the Exchange. In 2014, the Investment Corporation of Dubai (ICD) purchased a $300 million stake in Dangote Cement.
Aliko Dangote has invested US$6.5 billion into the company between 2007, and 2012. Cement accounted for roughly 80 percent of Dangote Group's business as of 2011.
From Wikipedia’s article on Dangote Cement, shared under CC BY-SA 4.0.5
